3^3 
AMERICAN AaRICULTURlST. 
[OcrOBEK, 
FIRST MORTGAGE BONDS 
OF THE 
CENTRAL 
PACIFIC RAILROAD COMPANY 
OF CALIFOBWIA. 
Interest at the rate of Six per Cent, per Annum, 
payable Semi-Annually on the first days 
of January and July. 
Principal and Interest payable in U. 8. Gold Coin 
in the City of New-Vork. 
Amount of Issue, $7,336,000, 
In Coupon Bondu of $1000 eacli. 
Tlie Bonds have Thirty Years 
to run, and are secured hy a 
First Mortgage, constituting 
an absolute jirior lien on that 
portion of the Road, Equip- 
ments, Franchises, and Entire 
Property of the Central Pacific 
Bail road Company, located in 
the State of California, and 
extending from Hacrathento 
City to the California State 
Line, forming a part of the 
GREAT PACIFIC BAII- 
ROAI) BOVTE, adojtted and 
aided by the UNITED STATES 
GO VERN3IENT. 
The amount of these First Mortgage Bonds to be Issxaed 
per mile Is limited by law to the amount of United States 
Bonds allowed aud issued to aid the construction of the 
Road, and the Mortgage by which they are secured is de- 
clared by Act of Congress to constitute a lien prior and su- 
perior to tliat of the United States Government. 
The aid received from the Government (in amoimt equal 
to this First Mortgage) is economically and judiciously ap- 
plied to the construction and equipment of the Koad, togeth- 
er witli nearly $7,000,000, received from Stock Subscriptions 
and other sources. The First Mortgage, therefore, amounts 
to but about 35 per cent, of the actual coat and value of the 
property which it covers. 
The Road is now completed, equipped, and running from 
Sacramento City to Alta, a distance of 73 miles, and the 
earnings for the three months ending August 1st, were : 
May, 1866 $65,115.83 
June. 1866. 67,429.78 
July, 1866. 85,000,00 
IN GOLD. 
The earnings are steadily Increasing, and are estimated at 
over $100,000 in Gold for the month of August— the official 
report for that month not having been received at this date. 
The consti-uction of the Koad is going vigorously forward 
— 'M miles additional being nearly ready for the cars— and it 
will probably be in full operation to the California State 
Line— 156 miles from Sacramento Citj-— during the summer 
of 1S67, when its earnings must be very large, as the entire 
trade of Nevada, and a large proportion of that of Utah, 
Idaho, and Montana, must pass over its line. It has been 
shown by reliable statistics that in 1363, over $13,000,000 in 
Gold were paid for freighting goods from California to 
Nevada alone. 
This part of the Great Pacific Railroad Roats Is destined 
to he one of the most profitable lines of railroad In the 
world, and its First Mortgage Bonds are among the best 
secured and most desirable investments ever offered. 
Over $1,000,000 have already been expended in grading be- 
yond the point to which the road is now running, and the 
iron is bought and paid for sufficient to lay the track the 
entire distance to the State Line. 
The road has been completed and equipped thus far with- 
out the sale of a single dollar of its First Mortgage Bonds, 
and they are now offered to the public for the fli"st time, 
after the earniDRS of the road have reached the sum of 
$100,000 per month in Gold, only about 35 per cent, of which 
is required for operating expenses. 
The Bonds are offered at 95 per cent, and accrued interest 
from July 1st. in Currency. Orders may be forwarded to us 
direct, or through the principal Banks and Bankers in all 
parts of the country. 
Remittances may be made in drafts on New- York, or in 
Legal Tender Notes, National Bank Notes, or other funds 
current in this city, and the Bonds will be forwarded to any 
address, by Express, free of charge. Inquiries for further 
particulars, by mail or otherwise, will receive punctual 
attention, 
FISK & HATCH, Bankers, 
]Vo. S IVasgiaii-st., N. "V, 
N, B.^All kinds of Government Securities received at 
the full market price in exchange for the above Bonds. 
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